Top 5 Stock Picks of Joe Huber’s Huber Capital Management

3. Golar LNG Limited (NASDAQ:GLNG)

Huber Capital Management’s Stake Value: $18,795,000

Percentage of Huber Capital Management’s 13F Portfolio: 4.85%

Number of Hedge Fund Holders: 17

Golar LNG Limited (NASDAQ:GLNG) is headquartered in Bermuda, and it owns and operates marine liquified natural gas infrastructure. As of Q3 2021, Joe Huber’s Huber Capital Management holds an $18.79 million stake in the company that represents 4.85% of the firm’s 13F portfolio. 

Orbis Investment Management, a hedge fund managed by William B. Gray is the leading stakeholder in Golar LNG Limited (NASDAQ:GLNG), with 11.78 million shares worth $152.8 million. Overall, 17 hedge funds in the database maintained by Insider Monkey as of Q2 were long Golar LNG Limited (NASDAQ:GLNG), with a total stake value of $360.7 million. 

Revenue for Q3 was announced on November 9, coming in at $106.60 million, beating estimates by $3.38 million. Golar LNG Limited (NASDAQ:GLNG) posted a loss of $0.81 per share in the third quarter.